STATOIL COOPERATION DEAL WITH UN INDUSTRIAL DEVELOPMENT ORGANISATION

BY KEITH NUTHALL

NORWAY oil and gas company Statoil has signed a cooperation agreement with the UN Industrial Development Organisation (UNIDO) to together develop natural gas and biomass resources in sub-Saharan Africa, plus central and south America. Projects could involve the creation of private-public partnerships involving Statoil and UNIDO. The goal is "creating sustainable energy access and industry...in developing countries," said UNIDO.

ENDS


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